Minister Danyliuk says when IMF can allocate another tranche for Ukraine

Minister Danyliuk says when IMF can allocate another tranche for Ukraine

Ukrinform
Ukraine and the International Monetary Fund (IMF) reached agreements on the third revision under the Extended Fund Facility (EFF) program, within which a decision on the allocation of the next tranche for Ukraine could be taken between 20 and 22 March.

Ukraine’s Finance Minister Oleksandr Danyliuk said this following meetings with IMF representatives in Washington, own Ukrinform correspondent reported.

"The final date for a meeting of the Board of Directors [of the IMF] must be finally decided now, most likely, it will be on [March] 20-22, maybe little bit later…," the Ukrainian Finance Minister said.

He explained that according to the procedure, the meeting of the IMF Board of Directors is held not earlier than two weeks after the signing of an updated memorandum of understanding. The minister also stressed that all parties had reached mutual understanding.

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